It lets founder attempt to revive struggling company without Wall Street scrutiny

Michael Dell, 47, is betting that his Round Rock, Texas, company will be able to evolve into a more diversified seller of technology services, business software and high-end computers without having to pander to the stock market’s fixation on earnings growth. Dell, who started selling PCs from his University of Texas dorm room, revolutionized the PC industry by taking orders for custom-made machines at a reasonable price, first on the phone, then on the Internet.

The company’s current travails are reflected by falling profit. Dell will earn $2.98 billion excluding some items in fiscal 2013, compared with $3.49 billion in 2012, according to analyst estimates compiled by Bloomberg.